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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Alexander & James Helps Spirit Enthusiasts Bring the Luxury Bar Experience to Their Home

Category : Stocks

LONDON, UNITED KINGDOM–(Marketwired – May 7, 2013) - Premium spirit expert Alexander & James is giving its customers the opportunity to recreate their own luxury bar without leaving the house.

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Marriott Executive Apartments Won the Last Award of the Year

Category : Stocks, World News

As Part of the Spirit to Serve the Community, Luxury Apartments in Bahrain Participate in the Amwaj Triathlon

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Kipper Williams on rising economic optimism

Category : Business

This new spirit of optimism is going to ruin my Christmas …

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Forget the fiscal cliff, the economy is rebounding

Category : Stocks

The fiscal cliff may be unresolved, but Americans are in good spirit about the economy next year nonetheless.

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Letters: Let creatives thrive

Category : Business

The head of GCHQ says “Britain needs a new generation of Turings” (Report, 5 October), but having worked with Turing and others in the computer industry and elsewhere, I’ve met many similarly able people. But they are too often sidelined and seen as “mavericks” by a management culture which too often promotes those whose competitive spirit outweighs the competence or creativity of others.

The point was made again in Vernon Bogdanor’s piece (Comment, 6 October). The persons whose competitive spirit – some call it entrepreneurial spirit – makes them adept at climbing the greasy pole, are quick to blame others when their own competence is under scrutiny. This government seems hellbent on promoting such a competitive culture, from banks to charity organisations. Our future lies in creating a culture where the competent and creative can thrive. The true entrepreneur will value such people and will develop them. Larger organisations, including public services, must ensure that the recognition of ability at any level is not overridden by the recognition given to sycophants.
Owen Ephraim
Chelmsford, Essex

Greene King and Spirit sales rise

Category : Business, World News

Pub chains Greene King and Spirit boost sales over the summer despite the wet weather and disruption caused by the Olympics.

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It’s farewell to mother’s ruin: cocktail set give gin a shake-up

Category : Business

New flavours, Mad Men and micro-producers bring a renaissance for the old-school spirit

Gin has not enjoyed the best of reputations since it was brought to the UK by William of Orange in 1689. By the middle of the 18th century, “mother’s ruin” was blamed for leaving many of London’s poorest denizens in a state of catatonic inebriation; its devastating effects on the population lampooned by Hogarth and chronicled by Dickens.

More recently, sales of mainstream brands of gin have declined as younger consumers shun membership of the supposedly superannuated G&T brigade and switch to cleverly marketed vodkas. But something is changing in the clear spirits market.

“Our gin sales outsell vodka by five to one,” said Will Barber of the Tasting Room in Bath, an upmarket wineseller. “We sell gin that’s unusual. Our clients are looking for something different from smaller boutiques that they don’t see elsewhere. It’s partly a reaction against the power of the supermarkets – people want something that you can’t get anywhere else.”

Several whisky distilleries have now caught on to the trend and have started distilling their own, unique gins.

The Penderyn Distillery in Wales produces a hand-crafted gin using 10 botanical ingredients – including juniper berries from Macedonia, orange peel from Spain and liquorice root from Sri Lanka.

Blackwoods, in the Shetland Isles, produces a Scottish gin that uses flowers from the local clifftops. The Botanist Islay Gin is made with 22 indigenous botanicals while Edinburgh Gin from Fife combines elderflowers and raspberries.

“The economic downturn has seen a polarisation in the spirits category in the UK off-trade [drinks sold to be consumed away from the premises],” said Olly Wehring, managing editor of “While trading down has certainly had an effect, the more premium offerings have benefited from the ethos of ‘drink less, but drink better’. At the same time, a rise in the number of premium gin offerings has coincided with this polarisation.”

According to a report by market analysts at International Wine & Spirit Research, premium gin sales in the UK rose by 11.6% last year to 304,750 cases – each containing 12 bottles or 9 litres of the spirit. Premium gin now represents 7.9% of the UK gin sector which has seen overall sales fall from 54.6m cases in 2001 to 46.6m cases in 2010.

“For me, the reason for this growth is that gin brands have stopped trying to copy the marketing techniques applied to the big vodka brands and have started concentrating on what makes gin great – the taste, the history and the process,” said Chris Giddings, marketing manager with branding agency Rufus Leonard.

“Brands such as Hendrick’s and Sipsmith have both helped reposition the spirit as produced in an artisan way and not something you can only drink with tonic water. Hendrick’s messaging is all about its Scottish history and a new way of drinking it – with cucumber. Sipsmith focuses on the ‘handmade’ approach, pulling new, younger consumers in with flavoured gin. It’s no longer just a spirit for your granny to knock back on a Sunday.”

Geraldine Coates founded the website seven years ago. “You can’t believe the difference between then and now,” Coates said. “We’ve gone from having just two dusty old brands in the UK to a huge range of super-premium brands, many handcrafted. If you asked for a martini five years ago, you would have been given a vodka martini, but no longer.”

Coates traces gin’s comeback to the rise of Bacardi-owned Bombay Sapphire, which she suggested had been designed to appeal to vodka consumers and had helped reinvent the spirit’s appeal. “Bartenders have really fallen in love with gin again,” she said. “Unlike vodka it has flavour – all the great cocktails like negroni, martini, white lad – have complex flavours. With gin there is a lot more to play with.”

The demographics of gin drinkers are changing, too, Coates suggests. “Traditionally, women have drunk gin, but more and more men are drinking it. It’s down to an increase in the general interest in cocktails – just look at Mad Men. And there’s so many fantastic cocktail bars opening all the time.”

The UK has some way to go, however, before it catches up with the US where there are now hundreds of micro distilleries producing gins.

“The big unanswered question is provenance,” said Ian Hart, a former corporate headhunter who founded the widely regarded Sacred Gin microdistillery in Highgate, north London, and is now exporting to the US and Japan. “Ask yourself: is the gin actually being made by a real distiller or a large company churning out the stuff under contract to someone who puts their own label on it and sells it in a pretty bottle. Do your homework. A real distiller will be proud of their still. Others will gloss over it.”

Ousted Secret Service agent posted pictures of Sarah Palin on Facebook – CNN International

Category : Stocks

ABC News
Ousted Secret Service agent posted pictures of Sarah Palin on Facebook
CNN International
By the CNN Wire Staff Sources say the alleged prostitutes signed in at Cartagena's Hotel El Caribe, where Secret Service members apparently stayed. Washington (CNN) — More Secret Service employees could leave the agency Friday because of a prostitute
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Canadian Spirit Resources Inc. Announces 2011 Financial Results and Filing of Annual Disclosure Documents

Category : Stocks

CALGARY, ALBERTA–(Marketwire – March 30, 2012) - Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”)(TSX VENTURE:SPI) (OTCBB:CSPUF) announces the release of its financial results for the three and twelve months ended December 31, 2011 and the filing of its 2011 annual audited Financial Statements and Management Discussion and Analysis and Annual Information Form.

The financial data presented herein is in accordance with International Financial Reporting Standards (“IFRS”) and all amounts are presented in Canadian dollars, unless otherwise indicated. The 2011 annual audited financial statements include certain reconciliations between the previously used Canadian Generally Accepted Accounting Principles (“previous GAAP”) and IFRS.

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Sakura: Soul of Japan

Category : World News

“If I were asked to explain the Japanese spirit, I would say it is wild cherry blossoms glowing in the morning sun!” — Motoori Norinaga (1730-1801), nativist thinker and poet
The cherry blossom is not just another pretty flower. Pause to consider, as you feast, drink and carol beneath the blushing petals this season, how ancient a rite of spring your frolics are perpetuating.

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